How to Calculate Inflation Rate for €100, 2004 to 2013

Then plug in historical CPI values. The Euro CPI was 82.97833333 in the year 2004 and 99.53833333 in 2013:

99.5383333382.97833333

×

€100

=

€119.96

€100 in 2004 has the same "purchasing power" or "buying power" as €119.96 in 2013.

To get the total inflation rate for the 9 years between 2004 and 2013, we use the following formula:

CPI in 2013 - CPI in 2004CPI in 2004

×

100

=

Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

99.53833333 - 82.9783333382.97833333

×

100

=

20%

News headlines from 2004

Politics and news often influence economic performance. Here's what was happening at the time:

The Humanitarian Ceasefire Agreement is signed by the Sudanese government and two rebel groups.

Massachusetts becomes the first United States state to legalize same-sex marriage.

The Indonesian elections are won by Susilo Bambang Yudhoyono.

Data Source & Citation

Raw data for these calculations comes from
the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page:
“2004 euros in 2013 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Dec. 2018, https://www.officialdata.org/2004-euro-in-2013.